Incorporation of international risk management standards into federal regulations

The issue of risk management has gained attention in the field of administration due to the dissemination of international frameworks. In Brazilian federal public administration, risk management is a recent and expanding practice. This research analyzes how international corporate risk management fr...

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Detalhes bibliográficos
Autores: Souza, Flávio Sergio Rezende Nunes de, Braga, Marcus Vinícius de Azevedo, Cunha, Armando Santos Moreira da, Sales, Patrick Del Bosco de
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2020
País:Brasil
Recursos:Fundação Getulio Vargas (FGV)
Repositorio:Revista de Administração Pública
Idioma:portugués
inglés
OAI Identifier:oai:ojs.periodicos.fgv.br:article/80970
Acesso em linha:https://periodicos.fgv.br/rap/article/view/80970
Access Level:acceso abierto
Palavra-chave:enterprise risk management
public administration
COSO ERM
ISO 31000
Brazil.
gestión de riesgos corporativos
administración pública
ISO 31000-2009
Brasil.
gerenciamento de riscos corporativos
administração pública
2009
Descrição
Resumo:The issue of risk management has gained attention in the field of administration due to the dissemination of international frameworks. In Brazilian federal public administration, risk management is a recent and expanding practice. This research analyzes how international corporate risk management frameworks have been adopted by the federal government through regulations and guidelines. The study adopts the concepts of coercive, normative, and mimetic forces from the neo-institutional theory, and examines the presence of international norms in the Brazilian regulations. Through a qualitative approach, content analysis in documents, norms, interviews, and seminars was used to identify traits of the COSO ERM and ISO 31000/2009 frameworks, which were chosen based on relevance. Results identify important actors pushing for the use of international frameworks, such as international organizations, professional associations, and public agencies, especially those related to government audits. Despite the strong international influence, the Brazilian norms are adapted to the organizations’ context and allowing the maintenance of national autonomy.